December 2017 US ADP employment report 4 January 2018

  • Prior 190k. Revised to 185k
  • Small biz 94k vs 50k prior
  • Medium 100k vs 99k prior
  • Large 56k vs 41k prior
  • Service sector 222k vs 155k prior
  • Goods sector 28k vs 36k prior

Sector breakdown;

  • Trade & transport 45k vs 36k prior
  • Construction 16k vs -4k prior
  • Manufacturing 9k vs 40k prior
  • Professionals & biz 72k vs 47k prior
  • Education & health 50k vs 54k prior
  • Leisure 28k vs 25k prior
  • Financial 19k vs 7k prior
  • Resource & mining 3k vs 0k prior
  • Information -4k vs -13k prior
  • Other 12k vs -2k prior

That’s given the buck a small shot in the arm in anticipation of tomorrow’s NFP report. USDJPY traded to 112.75.

 

Ryan Littlestone

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